World News

244 readers

246 users here now

Rules:

Be a decent person
No spam
Add the byline, or write a line or two in the body about the article.

founded 1 month ago

MODERATORS

[email protected]

Elon Musk wants to radically reshape who controls America’s money supply (edition.cnn.com)

submitted 3 days ago by [email protected] to c/[email protected]

27 comments fedilink hide all child comments

Elon Musk, a key Trump backer who is expected to have considerable sway in helping shape Trump’s policies, included a “100” emoji while resharing Republican Sen. Mike Lee of Utah’s post on X calling for abolishing the Fed.

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 15 points 3 days ago* (last edited 3 days ago) (1 children)

Elon Musk is a case study in Dunning Kruger. Gifted child boy wonder is here to broker a peace deal and receive the validation he's been trained to seek.

He has a rudimentary understanding of how yields affect bond prices and he's rolling up his sleeves, everyone duck

[–] [email protected] 13 points 3 days ago (1 children)

The dude can't even run his own companies, Tesla and SpaceX succeeded in spite of him which is a hell of a lot more impressive than anything Elon has done

[–] [email protected] 6 points 3 days ago* (last edited 3 days ago) (1 children)

An unabridged list of Musk's accomplishments:

Did not dilute and now has a 20% stake in a company with a $1tn market cap.

[–] [email protected] 2 points 2 days ago

Conned Compaq out of $300m right before the .com bubble burst

Gotta be fair